Great Rental Property in 76308

$69,000 • 3 Beds / 2 Baths • 956 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 2
  • 1950
  • 956
  • 956

Description

This Wichita Falls single-family home is a solid value-add opportunity with strong upside potential. The property needs approximately $25K in repairs to bring it to retail condition, making it a straightforward rehab for experienced investors.

Highlights

  • 🔨 Light-to-moderate rehab – cosmetic updates, kitchen/bath improvements, and minor systems work will maximize value.
  • 💰 ARV: $115K–$120K (based on nearby sales)
  • 📈 Rent comps support $1,200–$1,500/month, making it an excellent Section 8 or traditional rental candidate.
  • 📍 Convenient Wichita Falls location in a rental-friendly neighborhood.

Exit Strategies

  • Fix & Flip: With ~$25K in rehab, investors can realize strong resale margins.
  • Buy & Hold: Affordable entry point with stable rental demand for long-term cash flow.